I’m totally mad about this! This was quite easy and fun (and I must say quite boring too in the sleeves part), and I love the result.

Since my gauge was wrong (20 x 26 instead of 16 x 20), I knitted the L size instead of M (cast on 100 stiches).
I did 3 full repetitions of the chart, then put the sleeves in hold with my waste yarn.

After that, I tried it a lot and knitted what felt right.
For the under arm, I piked up 16 stiches because I wanted to be very confortable, but 12 would have been ok I think.

This is a excellent pattern!

Lace, top-down, seamless and knitted in the round… that’s the perfect combination for me.